Morgan Stanley Maintains Equal-Weight on Couchbase, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Sanjit Singh maintains an Equal-Weight rating on Couchbase (NASDAQ:BASE) but lowers the price target from $30 to $29.

June 06, 2024 | 1:21 pm
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NEUTRAL IMPACT
Morgan Stanley has maintained its Equal-Weight rating on Couchbase but has slightly lowered the price target from $30 to $29.
The maintenance of the Equal-Weight rating suggests a neutral stance, while the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100